John Maynard Keynes Advised U

question 241

Multiple Choice

John Maynard Keynes advised U.S. President Franklin Roosevelt to

• A) balance the budget in order to reduce the interest rate.
• B) pass the Treaty of Versailles in order to eliminate Germany as a competitor.
• C) increase government spending in order to stimulate the economy.
• D) increase the interest rate to increase savings so investment would be stimulated.

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Definitions:

Computer Literacy

Being familiar enough with computers that a user knows how to use them and understands their capabilities and limitations.

QR Code

A machine-readable optical label that contains information about the item to which it is attached, often used for storing URLs or other data that can be read by camera-equipped smartphones.

Affective Computing

An area of research in computer science aiming to develop systems and devices that can recognize, interpret, process, and simulate human emotions.

Collaborative Consumption

The practice of sharing, swapping, bartering, or renting access to products and services, rather than owning them, typically facilitated by community-based online platforms.